Companies are shedding jobs to reduce costs amid high inflation and rising interest rates, but they run the risk of violating labor laws.
Goldman Sachs thinks that being defensive on stocks is the best bet headed into a 2023 that may see a long-talked about U.S. recession.
U.S. banks including JPMorgan Chase and Wells Fargo are devising a plan to compensate victims of scams on the Zelle payment network.
U.S. banks including JPMorgan Chase and Wells Fargo are devising a plan to compensate victims of scams on the Zelle payment network.
Supermarket chains are carrying more low-price staples and promoting prepared food while restaurants including Wendy’s and Papa John’s are promoting discounts.
While much of Europe Inc. is shrinking state-backed loans from the pandemic, Italian companies are still sitting on mountains of such borrowings, complicating government efforts to help them surmount the latest crisis: soaring energy costs.
Benchmark bond yields near lowest in 10 weeks as investors also bet Fed will ease pace of rate hikes.
A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest level in almost four years, central bank data showed on Monday, amid high borrowing costs and aggressive monetary tightening.
Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month, while reminding Americans that its fight against inflation will run into 2023.
Stagflation is the key risk for the global economy in 2023, according to investors who said hopes of a rally in markets are premature following this year’s brutal selloff.
As a recession approaches, more Americans are financially falling behind.
U.S. investors returning from a holiday weekend will face a deluge of economic data in the week ahead as Wall Street heads into the final month of 2022.
Yahoo Finance Live anchors Rachelle Akuffo and Akiko Fujita report on European labor unions organizing strikes against Amazon as part of the "Make Amazon Pay" campaign.
U.S. stock futures descended early Monday as unrest in China over the nation's restrictive COVID controls weighed on global sentiment and Wall Street returned from a holiday weekend.
When people talk about "inflation" today, they generally mean rising prices as measured by the Consumer Price Index (CPI). But historically, "inflation" was more precisely defined as an increase in the amount of money and credit causing advances in the price level. Inflation used to be understood as an increase in the money supply. Rising prices were a symptom of inflation.I find this change in definition problematic. But many disagree with me. They argue that I'm being pedantic and the definition doesn't really matter all that much.
In another sign of a struggling economy, small businesses are having an increasingly hard time paying rent.According to Alignable's November Rent Poll, 41% of US small businesses reported they couldn't pay their rent in full and on time in November. That was a 4 percentage-point increase from the previous month.
Based on the Consumer Price Index (CPI), prices were up 7.7% year-on-year in October. That's a pretty hefty inflationary bite. But we've been saying the impact of inflation is a lot worse.The increased cost of a Thanksgiving meal this year bears that out.
Your Thanksgiving meal cost about 20% more than it did last year. Why did it cost so much more? As Peter Schiff explained in his podcast, your more expensive Thanksgiving came to you courtesy of the US government and its inflation tax.
Unfortunately, after all BOOMS... comes the inevitable BUST. With the U.S. Shale Oil Boom now over, this is not only bad news for Americans but also for the rest of the world. Why? Because U.S. shale oil production accounted for 80% of total World Oil Supply growth since the 2008 Global Financial Crisis...
Financial advisor Lance Roberts and Wealthion host Adam Taggart discuss everything that mattered to markets this week.